Scapa Group (SCPA) Price Target Raised to GBX 520
Scapa Group (LON:SCPA) had its target price hoisted by analysts at Berenberg Bank from GBX 500 ($6.53) to GBX 520 ($6.79) in a report released on Thursday. The firm currently has a “buy” rating on the stock. Berenberg Bank’s target price would suggest a potential upside of 48.06% from the stock’s previous close.
Separately, Numis Securities restated a “buy” rating and set a GBX 535 ($6.99) target price on shares of Scapa Group in a report on Wednesday, October 10th.
Shares of SCPA stock opened at GBX 351.20 ($4.59) on Thursday. Scapa Group has a 12 month low of GBX 347.50 ($4.54) and a 12 month high of GBX 522.39 ($6.83).
About Scapa Group
Scapa Group plc, together with its subsidiaries, manufactures and sells bonding products and adhesive components for applications in the healthcare and industrial markets in the United Kingdom and internationally. It offers aluminum foil, acrylic foam, barnier system, cable wrapping, cloth, double sided and transfer, double and single sided foam, foam plate mounting, heatseal, packaging, paper masking, PIB sheeting, polyethylene, PVC, self-amalgamating, and specialist film tapes, as well as resins and putties.
Recommended Story: What is Liquidity?
Receive News & Ratings for Scapa Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Scapa Group and related companies with MarketBeat.com's FREE daily email newsletter.